And as for you people in the newly acquired agencies touted by AJG, you can read your future in the number of layoffs they announced–“except for acquisitions.”
Now smile and show us that job attitude of gratitude for having a job!
Yeah, sure. Just wait. Maybe fewer layers of non-productive management, particular as you go up the ladder would suit them better? But which of those slugs ever decides to unemploy itself? Perhaps they will make a sacrifice and spend less time devising new rigged incentive pay plans for themselves. Talk about creating win-win situations.
Dismal, dismal, dismal…
Woeking myself to death as a producer for this???
All of this, of course, in my humble opinion…obviously a lack of full gruntlement.
Gallagher gets paid for claims adjusting, so with less economic activity, there are fewer claims and less income from adjusting them.
Your comments are right on and point out the inherent conflicts of interest in the big brokers. These sorts of conflicts led to the collapse of most of the big accounting firms.
So AJG buys Wausau Signature Agency… When do the layoff’s and cutbacks happen for the producers they pick up? They are not going to cut their own, or are they?
And as for you people in the newly acquired agencies touted by AJG, you can read your future in the number of layoffs they announced–“except for acquisitions.”
Now smile and show us that job attitude of gratitude for having a job!
Yeah, sure. Just wait. Maybe fewer layers of non-productive management, particular as you go up the ladder would suit them better? But which of those slugs ever decides to unemploy itself? Perhaps they will make a sacrifice and spend less time devising new rigged incentive pay plans for themselves. Talk about creating win-win situations.
Dismal, dismal, dismal…
Woeking myself to death as a producer for this???
All of this, of course, in my humble opinion…obviously a lack of full gruntlement.
Aren’t ‘declines in claim frequency’ a good thing? What am I missing here?
Declines in claim frequency are a good thing in my book but I only been at this for 33 years so maybe I have a lot to learn still.
Gallagher gets paid for claims adjusting, so with less economic activity, there are fewer claims and less income from adjusting them.
Your comments are right on and point out the inherent conflicts of interest in the big brokers. These sorts of conflicts led to the collapse of most of the big accounting firms.
We can only hope…
Wrote for four years, no claims.
Comml. Contractor: exp. premium $84,000.
Renewal premium: $84,000
Alternative quote with a second company: $75,000.
Along comes some new broker:
writes it for $40,000.
Whatta market.
So AJG buys Wausau Signature Agency… When do the layoff’s and cutbacks happen for the producers they pick up? They are not going to cut their own, or are they?